Saturday, January 30, 2016

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Thursday, May 1, 2014

4 Family - Webster MA




FUNDING OPPORTUNITY

Webster MA    |  $91,000





 
 
Price  $            91,342.50
Appraised Value  $          145,000.00
Terms Cash or New Financing
LTV 63%
Units 4
Loan Type Purchase
Loan Term 18
Exit Strategy Sell Property / Refi
Rate 12%
Price Per Unit  $            22,835.63
Net Operating Income  $            21,750.00
Cap Rate 24%
Investment Required  $            17,134.25


We're seeking to grow our group of private first lien lenders. If you are looking to invest as a passive investor and learn more about a list of potential properties to invest please contact me at 978-397-6014



​For more details click below​
 
https://drive.google.com/file/d/0B1iXfOCF1jUeYU1kb01hV1BnZVE/edit?usp=sharing









Monday, April 14, 2014

4 Family for Sale - Worcester MA





6 Blodgett PL Worcester , MA     |  $200,000








Large 4 family with large parking lot, Private money financing available with  20% Down.
Property produces $3,200








Sunday, November 24, 2013

Looking for a Project?



  • 10 Honeysuckle Drive
  • Chicopee MA                                                                   $59,000
  •  
  •  
  •  
  •  
  • This 1030 square foot condo home has 2 bedrooms and 1.0 bathrooms. Just needs minor TLC.
  • Bedrooms:2 beds
  • Bathrooms:1 bath
  • Condo:1,030 sq ft
  •  










360 Blossom St
Fitchburg, MA    

$90,000








Large single family with 3 beds, one bath just 2 minutes away from Fitchburg State College.

  • Bedrooms:3 beds
  • Bathrooms:1 bath
  • Single Family:1,764 sq ft
  • Lot:1.19 acres
  • Year Built:1968
  • Heating Type:Forced air







    


Wednesday, November 13, 2013

Wholesale Properties 11/13






Land for sale
Rosindale, MA    

$115,000











7,000 sqft lot for sale, according to seller its can be approved for Single family.













 



Mobile Homes Park
North Reading, MA
3.2 Acres of land







Consisting of 26 Modular home  sites.

PLAN A
Each home has an association fee of $600. Monthly X 26 = $15,600 monthly gross revenue.

Each home average cost set up complete$82,000
Sale of an average home $140,000
Average profit per home $58,000 X 26 = $1,508,000

Included in the association fee:
Snow removal    ( budget for snow removal $4,500.)
Landscaping        ( budget for landscaping  $4,500)
water & sewer  ( budget for water & sewer  $16,500)
Trash removal   ( budget for trash removal  $4,800)
master insurance ( budget for master insurance $5,800)

Total annual expenses: $36,100. / monthly = $3,008.33


Total Gross monthly  income = $15,600.
Less monthly expenses               $ 3,008.33
Gross monthly profit                    $12,591.67
_______________________________________________________________________
PLAN B
Buying 26 new homes @ $82,000 with site work and set up: $2,132,000.
Leasing each unit for an average of 1,450. X 26 = $37,700. Monthly gross income X 12 months $452,400.



COMMERCIAL SPACE



Buildings in Woburn, MA:

Units are $250k

Rents average 1700 monthly.
Property is new heavy industrial construction.  IG zoned.
8 miles from down town Boston, 1 mile from routes 93 & 95
Finding Land to build this product in a ten mile radius is extremely minimal and if you find it, it's very expensive, making the supply and demand greater each year.  These units are 1500sf to 1860 sf industrial condos.  You could buy one or buy 10. Each are currently under leases with A plus tenants.

 



Wednesday, October 23, 2013

Buy Hold Single Family



3 Prospect CT  Lawrence, 
MA 01841-2818                   $65,000











     

Description:

Single family in need of extensive rehab, great for buy and hold rental single family.


Style: Colonial
Total Rooms: 6
Bedrooms: 3
Bathrooms: 1f 0h

Property Information
Approx. Living Area: 1472 sq. ft.             
Approx. Acres: 0 (0 sq. ft.)        
Garage Spaces: 0  --
Living Area Includes:    
Heat Zones:   Gas          
Parking Spaces: 6  Off-Street





Saturday, October 19, 2013

Cheap Deals Available








Package Deal in Rhode Island.



 This are some deals available in Rhode Island can be bought together or cherry picked.

  1. 165 Julian Street, Providence, RI.  This property is a single family three-bedroom residence in the Manton/Mt. Pleasant section of Mt. Pleasant.  Needs rehab. Vacant.  Asking $26,000. Suggested After Rehab Value (ARV) is $79,900

  1. 55 Darling Street, Central Falls, RI.  This is a three story, three unit apartment building (three bedrooms each unit). Vacant.   Needs rehab.  Asking $43,500. Suggested ARV is $149,900

  1. 292-294 Mowry Street, Woonsocket, RI.  This is a three story, three unit apartment building (three bedrooms each unit).  Vacant.   Needs rehab.  Asking $61,000.  Suggested ARV is $159,900.

  1. 392 Front Street, Woonsocket, RI.  This is a three story, three unit apartment (three bedrooms each unit). Vacant.  Needs rehab.  Asking $41,000.  Suggested ARV is $139,900

  1. 19-21 Welles Street, Woonsocket, RI.  This is a three story, three unit apartment (three bedrooms each unit).  Vacant.  Needs rehab.  Asking $36,000. Suggested ARV is $$129,900

  1. 92-94 Slater Street, Pawtucket, RI.  This is a three story, four unit apartment building.   Fully rented, (two three bedroom units – first and third floor, rented at $750 and $650 per month; two one bedroom units – both on first floor, each rented at $450 per month).  (Gross monthly rent:  $2300 per month).  Currently assessed at $143,000. Asking $112,000.

  1. 53 Summer Street, Central Falls, RI.  This is a four story, four unit apartment.  Fully rented, (four units, 4 BR, 3 BR, 3 BR, and 2 BR (bringing in rents of $750, $750, $700 and $600). (Gross monthly rent: $2800).    Currently assessed at $128,900.  Asking $81,900.








2,488 Sqft; - Boston's 3+ Multi-Family Zoned Land for Sale!!!







NOT IN MLS





Thursday, October 3, 2013

CASH COW MULTI FAMILY-34 Units


88 Brook ST Hartford, CT 

    $865,000





 

Description

Great tenants, renovated in 2009 apartments, low maintenance, super lives on premises, 6 
buildings next to each other, 15 vacant apartments, sold as is, 5 - 6family and 1 - 4family with 
6 garage spaces family friendly park across the street, located near YMCA community center 
in Northend of Hartford, new water splash park across the street from property.

make 300,000 on equity the day of purchase.

Debt Ratio
Income at (75%) $18,187.50
Expenses $10,993.33
Total % 165%
CAP 17.814%
Ideal (NOI*10) 10%
GRM 5.61

  • Price:
    $760,000
  • No. Units:
    34
  • Building Size:
    38,718 SF
  • Price/Unit:
    $22,370.59
  • Property Type:
    Multifamily
  • Property Sub-type:
    Garden/Low-Rise
  • Property Use Type:
    Investment                            

Schedule A Showing



Wednesday, July 3, 2013

Cheap Single Family



Brockton, MA                                    $83,000         





wholesale properties, cheap properties, discount, bargain house.
Add caption


 This is a Single-Family Home in Brockton MA. property is sold as is with tenants.

The occupant is incommunicative so I don't know if something can be worked out or if an eviction will be required.


  • Single Family Residential
  • 4 Bedrooms
  • 1 Bathroom
  • 1,406 sqft
  • Lot Size: 4,356 sqft
  • Built In 1880
  • Stories: 2 story with basement
  • Heating: Forced air unit
  • Parking: Attached Garage
  • Exterior Walls: Siding (Alum/Vinyl)
  • 7 Rooms
  • 1 Unit
  • Basement: Full Basement
  • Style: Colonial
  • County: Plymouth

Schedule A Showing